REGISTERED NUMBER: 13657134 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Cool Smiles Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S K Dau

H S Gill

REGISTERED OFFICE:

129 Devonshire House

Wade Road

Basingstoke

RG24 8PE

REGISTERED NUMBER:

13657134 (England and Wales)

FIXED ASSETS

Intangible assets

4

955,482

1,061,647

Tangible assets

5

267,241

338,963

Investments

6

1

-

1,222,724

1,400,610

CURRENT ASSETS

Stocks

-

1,350

Debtors

7

31,360

19,241

Cash at bank and in hand

23,765

38,117

55,125

58,708

CREDITORS

Amounts falling due within one year

8

1,744,059

950,331

NET CURRENT LIABILITIES

(1,688,934

)

(891,623

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(466,210

)

508,987

CREDITORS

Amounts falling due after more than one year

9

-

737,721

NET LIABILITIES

(466,210

)

(228,734

)

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

(466,310

)

(228,834

)

SHAREHOLDERS' FUNDS

(466,210

)

(228,734

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2026 and were signed on its behalf by:

H S Gill - Director

1.	STATUTORY INFORMATION

Cool Smiles Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the fair value of consideration receivable for dental services provided during the year.

Revenue is recognised when the related dental services have been provided to patients and the company has satisfied its performance obligations. Turnover is measured at the fair value of the consideration receivable for services supplied.

Amounts received in advance of treatments being performed are recognised as deferred income and released to turnover in the period in which the related services are provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

At 31 March 2026 the company had net liabilities of £466,210 . The company's main creditor is the directors. The directors have confirmed it is their current intention to support the company through loans for at least the next 12 months from the date of signing the accounts. The financial statements have therefore been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 4 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

1,158,160

AMORTISATION

At 1 April 2025

96,513

Charge for year

106,165

At 31 March 2026

202,678

NET BOOK VALUE

At 31 March 2026

955,482

At 31 March 2025

1,061,647

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

213,052

230,561

16,579

460,192

Additions

31,269

-

-

31,269

Disposals

(9,700

)

(1,500

)

-

(11,200

)

At 31 March 2026

234,621

229,061

16,579

480,261

DEPRECIATION

At 1 April 2025

61,858

55,827

3,544

121,229

Charge for year

44,178

45,813

4,145

94,136

Eliminated on disposal

(2,096

)

(249

)

-

(2,345

)

At 31 March 2026

103,940

101,391

7,689

213,020

NET BOOK VALUE

At 31 March 2026

130,681

127,670

8,890

267,241

At 31 March 2025

151,194

174,734

13,035

338,963

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2025

40,050

Transfer to ownership

(40,050

)

At 31 March 2026

-

DEPRECIATION

At 1 April 2025

13,350

Transfer to ownership

(13,350

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

26,700

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1

At 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Other debtors

12,900

12,900

Prepayments and accrued income

18,460

3,539

31,360

16,439

Amounts falling due after more than one year:

Prepayments and accrued income

-

2,802

Aggregate amounts

31,360

19,241

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

730,000

38,545

Hire purchase contracts

-

11,815

Amounts owed to group undertakings

164,245

46,094

Other creditors

816,658

31,491

Directors' current accounts

-

816,986

Accruals and deferred income

33,156

5,400

1,744,059

950,331

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans - 1-2 years

-

41,364

Other loans - 2-5 years

-

143,146

Other loans more 5yrs instal

-

541,676

Hire purchase contracts

-

11,535

-

737,721

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

-

541,676

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Other loans

730,000

764,731

The bank loans are secured by a way of fixed and floating charges over the assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100